Corporate Performance

Federal antitrust regulators have requested more information from Walgreens Boots Alliance and Rite Aid in connection with the pending $17.2 billion deal to combine the drugstore chains.

The Federal Trade Commission holds the cards on how big Deerfield-based Walgreens can become. The agency generally takes a close look at any deal that reduces retail competition. Earlier this week, the FTC sued to block a planned merger between Staples and Office Depot because the agency said it would reduce national competition in the market for office supplies sold to large business customers.

Walgreens and Rite Aid said Friday they have been cooperating with FTC staff since the merger was...

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Federal antitrust regulators have requested more information from Walgreens Boots Alliance and Rite Aid in connection with the pending $17.2 billion deal to combine the drugstore chains.
The Federal Trade Commission holds the cards on how big...

Published in Chicago Tribune on December 12, 2015 — Print headline: "Walgreens- Rite Aid deal under U.S. scrutiny"

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